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Delinquency Rate Hits 21-Year High: CoreLogic

Monday, Oct 19 2020
Lending
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The 120-day mortgage delinquency rate has reached its highest level since CoreLogic started keeping track in 1999. So reports Yahoo Finance.

In July, 1.4% of homeowners were four months behind on their mortgage payments, compared with 0.12% a year earlier, according to CoreLogic.

The data counts homeowners granted forbearance under coronavirus relief law.

Read the full article from Yahoo Finance.

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